What is iExec RLC (RLC)? How does it Work?
iExec RLC (RLC) is a project founded by Gilles Fedak and Haiwu He. iExec is a blockchain-based decentralised computing provider that allows users to share spare processing capacity with others. It aims to create a marketplace, allowing users to access cloud services. The project’s native token is RLC. If you have questions like what is iExec RLC (RLC), how does iExec RLC (RLC) work, how do you acquire iExec RLC (RLC) and how do you trade RLC/TRY and RLC/USDT trading pairs then you will find the answers in this article.
What is iExec RLC (RLC)? How does it work?
iExec RLC aims to share calculations with other computers in the network using cloud technology. In the iExec project, infrastructure services are provided to individual users and corporations, and help people who run decentralised applications and therefore work to stabilise and grow the whole ecosystem. The iExec RLC platform gives users access to cloud computing power. Users who store their files can access them with iExec RLC. The iExex RLC sources its computing power from a decentralised network of companies and individuals, paying them a fee for the data they process. iExec competes directly with centralised cloud providers, attempting to perform transactions at lower costs.
The platform’s native token, RLC, is used as a currency for the people powering the network with their servers. Similarly, with RLC, users needing cloud services can make payments on the platform. RLC is built on the Ethereum blockchain and uses the ERC-20 standard.
The total supply of RLC is capped at 86,999,785.
How do you store iExec RLC (RLC)?
iExec RLC (RLC) is an ERC-20 based token used for decentralised computing services. You can manage RLC balances using desktop, mobile or hardware wallets that support ERC-20 based Ethereum assets.
How do you buy and sell iExec RLC (RLC)?
You can buy and sell iExec RLC (RLC) on the BtcTurk | PRO website and mobile app with Turkish Lira or Tether. If you are not a member of BtcTurk yet, you can register in no time on our website or mobile app. To fund your account and buy iExec RLC (RLC) you can deposit Turkish Lira. Deposits can be performed 24/7 if you use one of BtcTurk’s seven contracted banks.
